(Some) Promises Kept in 1Q19, but Retaining Sell Rating and $36 Target Price for Ctrip.com
When Ctrip.Com International (Adr) (CTRP US) reported 4Q18 results in early March, management committed to two objectives in 2019: lifting market...
615 Views
Trade War/Huawei/Economic Policy/Bad Bank/Market Opening
China News That Matters Don’t say we didn’t warn you! Twitching the iron curtain What to do as cars tank and profits droop Beijing rescues...
538 Views
Baidu (BIDU): Obituary - Review the Way to First Loss Since IPO
This is a very short review of Baidu’s whole story – After the market changed, Baidu Changed, but to a wrong way. We suggest closing out Baidu and...
808 Views
IQiyi (IQ): Margin Significantly Recovered After Dismissing a Floor of Employees
The operating margin significantly recovered in 1Q19 after IQ fired a floor of employees in its headquarters. IQ will continue its layoff in its...
1k Views
Smartkarma Originals
Tencent Bull Case: Buy the Online Community Empire, Not Just a Game Operator
We believe the online community WeChat is the real main business of Tencent, because WeChat’s user base supports all business lines in Tencent and...
910 Views